Are memecoins the hottest thing since sliced bread in the crypto world right now? I'm not so sure... However, yesterday, I spilled the beans on the POPCAT memecoin strategy. Today? It's all about DEGEN - and how to earn it.

DEGEN is the native token of the DEGEN chain, a layer 3 blockchain built on Base (Coinbase's Ethereum layer-2 chain).

There are at least two ways to get your hands on some DEGEN:

1) Farcaster: It's a decentralized social network - a mix of Twitter, Instagram, and Reddit. To use it, you need to download a client called Warpcast.

• You'll then need a referral code. So to start, your can use my referral link: https://warpcast.com/~/invite-page/229707?id=18788f7a
• Then, you need 10,000 DEGEN tokens (about $35 as of today) in your connected wallet, and to be active with at least three casts.
• Tip other users with DEGEN and earn points.
• Claim your tipped DEGEN tokens before the end of each month.

2) Drakula: It's a blockchain-based social app where you can post short videos.

• Creators are rewarded with DEGEN tokens.
• You can earn up to $1,000 per week...
• Create content or apply for the on-chain Creator Fund.
• Meet the criteria: have a profile, post at least three original videos per week, and have at least three unique collectors.

Remember:

• This isn't financial advice. Always do your own research.
• Spammy DEGEN farming will get you disqualified.
• Have fun and be creative, as always...

In summary, I would say that DEGEN is a memecoin with some utility... So you can even wonder if it's still a memecoin.